Minnetonka Market Report
$773,988
AVERAGE PRICE OF 261 HOMES$278,225
AVERAGE PRICE OF 4 DISTRESSED HOMES$1,956,691
AVERAGE PRICE OF 55 MULTI-MILLION DOLLAR HOMES$2,223,073
AVERAGE PRICE OF 14 NEWLY BUILT HOMES$546,270
AVERAGE PRICE OF 54 HOMES WITH A POOL$540,429
AVERAGE PRICE OF 17 REDUCED PRICE HOMESAverage Home
| Average Price | $773,988 |
| Avg Bedrooms | 2.99 beds |
| Avg Bathrooms | 2.67 baths |
Average Price by Bedrooms
| 1 bedroom | $160,095 |
| 2 bedrooms | $318,950 |
| 3 bedrooms | $749,432 |
| 4 bedrooms | $840,716 |
| 5 bedrooms | $1,273,858 |
Minnetonka Home Price Trends
| 6/2025 | 5/2025 | 4/2025 | 3/2025 | 2/2025 | |
|---|---|---|---|---|---|
| Total Listings | 265 | 240 | 235 | 204 | 177 |
| Average Price | $724,092 | $722,717 | $731,890 | $728,086 | $676,769 |
| Avg Price Change | +0.19% | -1.27% | +0.52% | +7.58% | +3.50% |
| Median Price | $513,739 | $501,236 | $499,499 | $456,178 | $448,583 |
| Med Price Change | +2.49% | +0.35% | +9.50% | +1.69% | +1.73% |
| Avg Bedrooms | 3.06 beds | 3.03 beds | 2.92 beds | 2.83 beds | 2.73 beds |
| Avg Bathrooms | 2.61 baths | 2.58 baths | 2.59 baths | 2.55 baths | 2.41 baths |
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 261 | $773,988 | 63 days |
| Distressed Homes | 4 | $278,225 | 61 days |
| Multi-Million Dollar Homes | 55 | $1,956,691 | 98 days |
| Newly Built Homes | 14 | $2,223,073 | 152 days |
| Homes with a Pool | 54 | $546,270 | 67 days |
| Reduced Price Homes | 17 | $540,429 | 65 days |
